Richard, you might want to get other opinions on those deducts. All that comes out of my CLR check is taxes but I heard NF separates NGLs on site so that could be the difference. Linda probably knows.
Diddly or diddley whichever is the less or lesser not Dittley (is that as in Bo?) lol Too tired to hunt them up tonight. Maybe tomorrow if I get a break in the action.
You mean P. Diddy? Yo
I thought it was Pee Diddley! lol
Richard, I donāt believe it is a matter of being legal it is more what your lease allows for. A standard lease allows for all manner of production and processing expenses and transportation costs but these can many times be excluded by different wording in the lease or an exhibit to the lease. I think what you are saying is those are all of the deductions that could be made but hopefully they are not deducting for all of those items.
Amen and Amen
Have not received any offers for a few weeks. How about the rest of you?
What would be the reasons why? Maybe we were just getting spoiled ā¦
Susie, if youāre referring to offers to sell, I received offer from Bridgepoint Saturday to sell in 2N3W for $6500 P.A. They send me an offer about every other month.
It is Bo Diddley, (RIP)
Well, guess we got our Diddleyās straight! Or maybe not!
Rick, no, we didnāt make an election because we didnāt know anything about it at the time. We only recently found out about our fatherās minerals that he inherited and no one seems to have had his correct address. So now Iām dealing with correcting all that & getting the minerals into our names [me & my siblings]. My brother told me that the landman who called him said they want to go into old Continental wells to a depth of 20,000 ft. So if itās about the Woodford we can go ahead with the lease-no conflicts with Triad?
Thank you for the advice about what to ask for! I read everything thatās said here and have somewhat of an idea of what a āgoodā lease should say. A depth clause, a āno costā clause [this has it], no extensions-anything else?
Pamela,
Iām not sure why you were force pooled at 1/8 unless you did not make an election. It sounds like they are trying to lease you to explore another formation. The current well is in the springer at 9750ā. Iād guess they are going to the Woodford which should be around 12,000ā.
Iād ask for $1300 and 1/5 RI and make sure you get a good lease. Section 9 pooled for 1300 1/5 in 5/2012. Section 7 pooled for 1000 1/5 in 5/2013.
And the should have already paid you on the force pool unless you have some title issues. (which may have explained why you did not make an election)
I canāt find any record of Apache applying for a drilling permit. Wouldnāt that show what their intentions are?
Iām finally seeing that lease offer I mentioned on Aug. 9, in Sec.08-2N-3W.
Itās from Striker Land Services for Apache Corp. The offer is for $1,000 per NMA signing bonus, and 3/16 for 3 years.
But, weāve already been force pooled with Triad here-how does this work?
There are a bunch of things I donāt understand in this lease [this is the first actual lease offer Iāve seen!] but 1 thing strikes me right away; thereās a clause that talks about a ātop leaseā-if we get another offer during the term of the lease they have a right to meet the offer. So is that what this lease offer is? A top lease that we need to notify Triad about? Having been force pooled weāll only get 1/8 & $300 bonus from them so this is better. I was just getting ready to mail the Affidavit of Death & Heirship they sent to get the minerals out of our fatherās name so we havenāt gotten anything from them yet [pooling was last May so I guess they do owe us]. Or maybe theyāre drilling to a different formation than Triad? This doesnāt say, just says āno unit forā¦oil shall embrace more than 40 acres or for the production of gasā¦more than 640 acresā¦ā I am at a loss here-obviously 
Any help will be much appreciated, guys.
Pamelaā¦I believe at 20,000 feet in that area you would be talking about the Woodford although seems like they have been making the turn for the horizonal at 15,000 ft. in the NE part of Stephens Co. and other parts of the SCOOP. Shale the next level down would be the Hunton I believe.
Need some adviceā¦
Information about any reasonable attorneys in or around the area to take care of a will that is needing to be probated from some time back.
Thanks in advanceā¦
Mike is right, the Woodford in that area is about 15,000ā
The Pooling Order for Triad in 08-2N-3W [# 597336] is on the 640 acre drilling & spacing unit created by order # 578700, for the Hoxbar, Deese Sand, Upper Dornick Hills, Morrow Sand, & Springer Sand common sources of supply. In order for us to sign an additional lease, with Apache, within this surface area donāt I have to be clear on the point that they are going for a different formation?
Sign an āadditionalā lease?
The pooling order does not have you under a lease. Did you sign another lease?
Rhonda,
It depends on how your current lease reads.
Does it have a depth clause? I donāt see one filed under your name.